Steve,
Very, very exciting and interesting .....

As many readers of the forum know, I have owned some very nice DACs including the $10,000.00 Zanden 5000. It was really good, but IMHO not worlds better than the most recent Camelot Uther.
Much to my disappointment, it was also not as good in an absolute sense as any decent, modestly priced analog rig ..... although for my purposes and listening habits I have continued to enjoy my digital only system with the Decware ZCD doing a very respectable job of putting music in my room.
Many recently released CDs can sound quite good ..... one example being CDs on the German Stockfisch label. They do not suffer from the "digititus" that afflicts many CDs produced by the larger popular labels.
My biggest complaint has always been with the CDs of some of the best music originally released on vinyl during the 60s, 70s and 80s.
When listening to many of them, you get the feeling that the record companies had the attitude of "just get the music on the little silver disks and out the door ..... don't worry about how it sounds" .....
Some of the music I love most ..... such as Pure Prairie League's "Bustin' Out" is an absolute atrocity on CD and I have never heard it sound good on any system ..... while the LP sounds just fine on a very modest analog system. The bass on the CD sounds like it has been stripped out and the upper mids and treble are cold and sterile. This balance is pretty common on many of the CD releases of music from this era.
It will be interesting to see what the new Decware DAC can do for disks like that ..... but if it can just bring the "middle of the road quality" CDs up to the level of decent analog it will be a major advance for the audio hobby .....
I just may see a road trip to Peoria in my near future .....

Regards,
Randy